Japan’s Foreign Reserves Hit Record Monthly Drop Amid Yen Intervention
Japan’s foreign exchange reserves fell by nearly $80 billion in August, marking the largest monthly decline on record, as the government sold U.S. Treasury securities to fund unprecedented currency market interventions. The massive asset liquidation was deployed to stabilize the weakening yen amid broader economic pressures.
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Japan Likely Sold Treasuries to Fund Record Yen Intervention
Japan likely sold a portion of its holdings of foreign securities, including US Treasuries, to finance its record currency intervention over the past month.
By Erica Yokoyama
Read full article →Japan's foreign reserves drop by a record $80 billion in August following yen intervention
Finance ministry data showed that Japan's official foreign reserves stand at $1.207 trillion, down from July's figure of $1.287 trillion.
Read full article →Japan’s August foreign reserves post largest-ever drop after record intervention - The Straits Times
Japan’s August foreign reserves post largest-ever drop after record intervention The Straits Times
Read full article →Japan foreign reserve assets fall by record 6% after interventions
TOKYO (Kyodo) -- Japan's foreign reserve assets in August fell $79.58 billion, or 6.18 percent, from the previous month to $1.21 trillion, marking the
Read full article →Japan may have sold US Treasuries to fund record $99-billion yen intervention - Moneycontrol.com
Japan may have sold US Treasuries to fund record $99-billion yen intervention Moneycontrol.com
Read full article →Japan likely sold Treasurys to fund record yen intervention
Tokyo's holdings of foreign securities fell by $87.8 billion at the end of August from a month earlier, close to the scale of the recent intervention.
Read full article →Japan may have sold U.S. Treasuries to fund yen intervention
Read full article →Japan Sold Almost $90 Billion In Treasuries To Fund Record Yen Intervention
Japan Sold Almost $90 Billion In Treasuries To Fund Record Yen Intervention At the end of July, the only question following Japan's record $90 billion yen intervention (which worked for about two weeks before the effects faded and Bessent had to engage in more market intervention), was whether and how much Treasuries Japan had sold as part of the intervention. The BOJ spent a record $90BN to briefly push the yen higher. Another catastrophic intervention by the central bank whi...
By Tyler Durden
Read full article →Japan reports largest monthly reserve decline amid yen intervention - Nation Thailand
Japan reports largest monthly reserve decline amid yen intervention Nation Thailand
Read full article →By Dumping US Treasuries to Prop Up the Yen, Japan’s Foreign Currency Reserves Plunged by $95 Billion in August. But Don’t Cry for Japan. These Interventions Are Hugely Profitable
The government is already busy fighting over what to do with the $31 billion in profits on its foreign exchange interventions last fiscal year.
By Wolf Richter
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